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AGENCY TESTIMONY
Conclusion and next steps for the FY 2026 budget process
0:27:48
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25 sec
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Jacques Jiha concludes his testimony by summarizing key achievements, outlining next steps in the budget process, and expressing commitment to working with the City Council.
- Jiha highlights that the city has managed the humanitarian crisis without major disruptions to programs or services, no layoffs, and no tax increases.
- He acknowledges ongoing challenges and risks to the economic outlook.
- The OMB will release an updated forecast with the executive budget in early May, accounting for recent economic factors and risks.
- Jiha expresses commitment to working with the City Council towards budget adoption, focusing on:
- Supporting recovery
- Promoting public health and safety
- Expanding affordability and opportunity
- Investing in working-class New Yorkers